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Appointing Central Bankers

Lingua IngleseInglese
Libro In brossura
Libro Appointing Central Bankers Kelly H. Chang
Codice Libristo: 02018931
Casa editrice Cambridge University Press, novembre 2006
This book examines monetary policy by focusing on how the President and the Senate influence monetar... Descrizione completa
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This book examines monetary policy by focusing on how the President and the Senate influence monetary policy by appointing Federal Reserve members. It attempts to answer three questions about the appointment process and its effects. First, do politicians influence monetary policy through Federal Reserve appointments? Second, who influences the process - the President alone or both the President and the Senate? Third, what explains the structure of the Federal Reserve appointment process? The test models show that the President alone, both the President and Senate, or neither, may influence monetary policy with Federal Reserve appointments. The structure of the process reflects political battles between the Democrats and Republicans regarding the centralization of authority to set monetary policy within the Federal Reserve System. The study extends the analysis to the European Central Bank and shows that the Federal Reserve process is more representative of society than the European Central Bank process.

Informazioni sul libro

Titolo completo Appointing Central Bankers
Lingua Inglese
Rilegatura Libro - In brossura
Data di pubblicazione 2006
Numero di pagine 176
EAN 9780521029841
ISBN 0521029848
Codice Libristo 02018931
Peso 273
Dimensioni 150 x 227 x 13
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